Tag Archives: Mitel

Mitel announces definitive agreement to acquire ShoreTel

Mitel (Nasdaq: MITL) (TSX: MNW) and ShoreTel (Nasdaq:SHOR) today announced that they have entered into a definitive merger agreement pursuant to which Mitel will acquire 100% of the outstanding shares of ShoreTel common stock in an all-cash transaction at a price of $7.50 per share, or a total equity value of approximately $530 million and a total enterprise value of approximately $430 million. The purchase price represents a 28% premium to ShoreTel’s closing share price on July 26, 2017. Continue reading Mitel announces definitive agreement to acquire ShoreTel

Mitel Completes Acquisition of Toshiba Unified Communications Systems Business Assets

Mitel®, a global leader of enterprise communications announced that it has completed the acquisition of certain assets, inventory and support obligations from Toshiba Corporation’s Unified Communications business. The announcement follows the Memorandum of Understanding signed by the two companies. Continue reading Mitel Completes Acquisition of Toshiba Unified Communications Systems Business Assets

Mitel Signs MoU with Toshiba to Transfer Unified Communications Systems Business Assets

PRESS RELEASE: Mitel®, a global leader of enterprise communications confirmed it has signed a Memorandum of Understanding (MoU) to transfer certain assets and support obligations, including existing inventory, from Toshiba Corporation to Mitel. This follows Toshiba’s decision earlier this year to exit the market. The transaction will provide Toshiba customers and partners a clear path forward with Mitel, a global leader in Unified Communications and Collaborations (UCC). Continue reading Mitel Signs MoU with Toshiba to Transfer Unified Communications Systems Business Assets

Pacers Sports & Entertainment Drafts Mitel for High-Performance Communications and Collaboration

PRESS RELEASE: Mitel® is helping Pacers Sports & Entertainment, the organization behind the Indiana Pacers, Indiana Fever, Fort Wayne Mad Ants and Bankers Life Fieldhouse, stay ahead of the game with a high-performance communications platform that improves staff connectivity and customer service. Continue reading Pacers Sports & Entertainment Drafts Mitel for High-Performance Communications and Collaboration